American Tower Stock Gains on Q1 AFFO Beat, Revenues Rise Y/Y

American Tower Corporation’s (AMT) shares have gained nearly 4% in today’s trading session in response to stellar first-quarter results.Its first-quarter 2025 adjusted funds from operations (AFFO), attributable to AMT common stockholders per share, of $2.75 beat the Zacks Consensus Estimate of$2.60. However, the figure declined 1.4% year over year.Results reflect a year-over-year rise in revenues, aided by revenue growth across its property and service operations segment. American Tower recorded healthy ye ...